1063 N Silverstra Falls RdAmarilloTX79124
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Amarillo at 1063 N Silverstra Falls Rd, Amarillo, TX, 79124 offers $4,240/mo rent that, after a $2,178/mo payment, leaves $1,076/mo cash flow. Total monthly income is $4,240/mo, and annual cash flow is $12,907/yr on $147,518 cash. Return on cash invested measures 28.66% in year one, and rental yield stands at 11.43% at a $445,000 entry. Equity gained on principal adds $2,872/yr while 5% annual appreciation compounds into $122,945 by year five. Five-year ROI records 150.97% and total cumulative return in cash reaches $222,704. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,240/mo property income versus a $2,178/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79124, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 3,895 (74.1%) |
| Renter Occupied HU | 952 (18.1%) |
| Vacant Housing Units | 411 ( 7.8%) |
| Median Home Value | $362,263 |
| Average Home Value | $400,636 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,315
Multi-Family
647
Businesses
313
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Listed by: Lori Horner Realty Group • Lori Horner Realty Group
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-5506
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.